INSEAD Day 4 - 728x90

Economy

Bank of Sharjah profit up 39%

Bank's total assets grow 10% to $14.4 billion.

DIB H1 net profit $1bn

Gross revenue increased 10% year on year

SIB H1 profit up 15.3%

Total operating income rises 20.5 percent.

flydubai Aleppo flights resumed

The flights were resumed after nearly 14 years.

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

GCC powers ahead in global clean energy transition with solar and hydrogen investments

Now, the region is turning its attention to newer innovations, including hydrogen production, small modular reactors (SMRs), and compact nuclear...

Low carbon investments in arrears of climate needs

Upstream investments in the oil and gas industry are still healthy and dwarf those made in low carbon projects and...

Economy
Geostrategy

Boris Johnson drops out of race for UK PM

Declaring an end to his bid for the UK top job, former UK PM Boris Johnson said that he had...
  • Tories have been forced into a second leadership contest since the summer following Truss's resignation after only 44 disastrous days into her tenure
  • Sunak had raced ahead in the count for Tory MPs' support, drawing backing from across the parliamentary party and crossing the minimum threshold Friday
Economy

Qatar’s General Tax Authority launches digital tax stamp

The authority said that digital tax stamps are distinctive marks in the form of a physical label or digital code...
  • The authority said that digital tax stamps are distinctive marks in the form of a physical label or digital code containing encrypted data
  • The digital tax stamp on goods will enable monitoring and tracking of the movements of these goods within the Qatari market
Interview

Private sector plays key role in FIFA Cup projects

There is a need for concerted efforts by citizens and residents to make this global event a success, Sheikh Khalifa...
  • Qatar has become a leading global investment destination, says Qatar Chamber Chairman Sheikh Khalifa bin Jassim bin Mohammed Al-Thani
  • The World Cup Qatar 2022 will leave a unique imprint in the history of the FIFA World Cup, he says, adding that Qatari economy is expected to grow by 4.9%
Economy

Gulf nations add momentum to Asianization of global economy

Following the US withdrawal from Afghanistan, many experts believe that Washington is shifting its attention and resources to the "priority...
  • The Gulf countries rely heavily on assistance from Asia, particularly China, to modernise their economies and diversify away from oil
  • GCC's position in supporting Russia in its conflict with Ukraine, Europe, and the US, have raised many problems, but nowhere more so than in Asia
Economy

UAE Minister highlights youth’s role in sustainable food systems

DUBAI, UAE - UAE Minister of Climate Change and the Environment Mariam bint Mohammed Almheiri participated in the World Food...
  • The Minister held meetings with several high-level FAO officials on the UAE’s contribution in tackling global food and nutrition insecurity.
  • The event drew governments, youth champions, global influencers and non-profit organizations to support youth-led transformation of agrifood systems.
Economy

DIEZ cooperates with DP World to support career initiative Tumoohi

Dubai, UAE---Dubai Integrated Economic Zones Authority (DIEZ) will collaborate with DP World to support the Tumoohi Initiative, a training program...
  • Under the agreement, DIEZ will give participants an an opportunity to gain professional and practical experience and learn about best practices and global standards.
  • Participants will be able to work with DIEZ, along with companies registered in the Dubai Airport Freezone (DAFZ) and Dubai Silicon Oasis.
Economy

Saudi Crown Prince launches program to make KSA investment hub

Saudi Crown Prince, Prime Minister and Chairman of the Council for Economic and Development Affairs Prince Mohammed bin Salman bin...
  • GSCRI will help enable investors to benefit from the Kingdom's resources, capabilities and support and develop these value chains.
  • It will also build successful investments, which will give greater flexibility to economies, businesses and consumers around the world.
Geostrategy

Jordan to host 2022 OSCE Mediterranean Conference

AMMAN, JORDAN - Jordan will Monday host the 2022 Organization for Security and Co-operation in Europe (OSCE) Mediterranean Conference, organized...
  • The two-day meeting in the Dead Sea region will bring together representatives from 57 OSCE countries and six Mediterranean countries.
  • These countries will discuss advancing security and cooperation in the region through dialogue with the OSCE Mediterranean Partners for Cooperation.
Business

S. Korea, Arab nations to hold new round of FTA talks

SEOUL, S. KOREA - South Korea and a group of Arab countries will hold another round of negotiations for their...
  • South Korea and the Gulf Cooperation Council (GCC) will begin the sixth round of official talks for a bilateral free trade agreement.
  • Goods and services trading, country of origin, digital trade and intellectual property rights will be discussed.
Economy

Growing ‘Davos in the Desert’ a sign of Saudi clout

The Future Investment Initiative (FII) was launched in 2017 as an economic coming-out party for the world's largest crude exporter,...
  • This year's FII, often referred to as "Davos in the Desert", comes after a months-long process of re-engagement with the West by Prince Mohammed
  • This year, however, US officials were not invited, something Attias said reflected a broader push to keep the focus on business leaders rather than politicians

GCC powers ahead in global clean energy transition with solar and hydrogen investments

Now, the region is turning its attention to newer innovations, including hydrogen production, small modular reactors (SMRs), and compact nuclear...

Company News

Latest News

Israel-Hamas war risks ‘serious’ economic damage: World Bank president

Ajay Banga was speaking at the annual Future Investment Initiative, often referred to as "Davos in the Desert". More than...
Economy

World ‘failing’ on pledge to stop deforestation by 2030: NGOs

Deforestation last year was over 20 percent higher than it should have been to meet the leaders' pledge, with 6.6...
Economy

Tech ticks: Metaverse, AI boost Jamaica’s tourism

From the metaverse allowing virtual experiences to the use of AI in training, Jamaica is at the forefront of integrating...
Interview
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Business

KEZAD Group signs lease agreement with Advanced Petro Services

ABU DHABI, UAE - Khalifa Economic Zones Abu Dhabi (KEZAD) Group, the integrated trade, logistics, and industrial hub of Abu...
  • KEZAD’s industrial ecosystem is equipped with state-of-the-art infrastructure which perfectly supports Advanced Petro Services’ 24,000 sqm facility.
  • The CEO of KEZAD Group said APS is well-positioned to make a significant impact in the broader Abu Dhabi industrial landscape.
Business

Total of 52 MoUs signed in Saudi-Korean Investment Forum

RIYADH, SAUDI ARABIA – A total of 52 memorandums of understanding (MoUs) were signed at the Saudi-Korean Investment Forum here....
  • The private sector inked 48 MoUs in sectors ranging from transportation, tourism, energy, technology, infrastructure and cybersecurity.
  • The pacts aim to enhance investments between Saudi Arabia and South Korea which reflect the efforts towards collaboration between the two nations.
Business

Nedaa, Dubai Customs ink MoU

MoU to enhance digital solutions for efficiency.
  • The MoU will help to integrate efforts and exchange experiences to improve the level of services provided to various groups and segments of society.
  • The two parties will focus on developing an operational mechanism aimed at ensuring a reliable and effective communication network for Dubai Customs,